Settings8H · net · $10k
Funding arb · Price arb /

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment $0.11 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against BingX−0.102%7-day average +0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 3 days (all we have)+0.083%+$8 · spread now −0.102%, 7d avg +0.001%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.103% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BASED-USDT0.068940.0122pay 0.0061% / 4h3h 13m$1.6M
ShortSunX BASED-USDT0.068870.0100get 0.0050% / 4h3h 13m$1K$843K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$4.62
Price spread: −0.102% → +0.001%
−$10.29
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$32.91
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; SunX: live order book, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago2.90 bp25.3 bp −$2587.1 bp −$871doesn't fitdoesn't fit
Sell SunX live order book, 38 min ago500.84 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

BASED on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BASED-USDT+0.0087%4h0.068940.000%$254K$41K25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06888−0.087%$2.1M$602K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06891−0.044%$2.6M$3.6M20xas long as short
Gate BASED_USDT+0.0100%4h0.06887−0.102%$548K$547K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06897+0.044%$575K$56K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06896+0.029%$1.3M$357K25xas long as short
Variational Omni BASED+0.0100%4h0.06877−0.240%$94K$18Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06864−0.433%$91K$382K10xas long as short
SunX BASED-USDTshort+0.0100%4h0.06887−0.102%$1K$843K20x
BingX BASED-USDTlong+0.0122%4h0.06894long leg$1.6M
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BASED_USDT+0.0134%4h0.06895+0.015%$4.9M$652K50xas long as short
Extended BASED-USD+0.0136%1h0.06895+0.021%$4K$204K5xas long as short
Binance BASEDUSDT+0.0138%4h0.06897+0.044%$4.2M$3.0M25xas long as short
Orderly PERP_BASED_USDC+0.0297%4h0.06896+0.029%$3K$65210xas long as short
Aster BASEDUSDT+0.0403%4h0.06891−0.042%$29K$6K5xas long as short